Tag: money and finance
Rupiah Falls to Rp16,000 Against Dollar, Bank Indonesia Ensures to Steady...
Following the post-Eid holiday period, the Indonesian rupiah has taken a sharp nosedive, breaching the critical level of Rp16,000 against the US dollar. This...
Observing the Policy Direction of Bank Indonesia This Year
Bank Indonesia (BI) has just presented its policy direction views this year. According to Bank Indonesia Governor, Perry Warjiyo, the overall policy direction will...
Bank Credit Gets Better, Business Sector Rises
After a brief vacuum due to the Covid-19 pandemic, now the business and industrial sectors are starting to rise. The business world performance assesses...
If Inflation Rises, Benchmark Interest Rates Will Also Rise
Bank Indonesia has signaled an increase in the benchmark interest rate or the BI 7-day reverse repo rate (BI7DRRR). BI has hinted that they...
Value Added Tax (PPn) Will Rise, When Does It Take Effect?
The Law on the Harmonization of Tax Regulations (UU HPP) was enacted on October 29, 2021, ago. However, not all of the provisions in...
Indonesia’s Trade Balance Estimated to Be a Big Surplus, Reaching US$3.29...
Indonesia's trade balance surplus will reach US$3.29 billion in February 2022, a significant increase from US$0.93 billion in January 2022. This is due to...
Throughout 2021, Bank BJB (BJBR) Recorded Credit Growth of IDR 95.8...
PT Bank Pembangunan Daerah Jawa Barat and Banten Tbk. (BJBR) or Bank BJB Successfully recorded credit growth of Rp. 95.8 trillion throughout 2021.
This was...
Indonesia’s Foreign Exchange Reserves Reached US$141.4 Billion in February, a Slight...
Indonesia's foreign exchange reserves experienced a slight increase last February compared to January. Bank Indonesia (BI) reported that the position of foreign exchange reserves...
Accommodating Tax Amnesty Funds, Government Issues Two Government Bonds
The Ministry of Finance (Kemenkeu) will issue two types of Government Securities (SUN) for private placement transactions for the February 2022 period. This letter...
Bank Indonesia and Reserve Bank of Australia Renew Bilateral Swap Agreement
The bilateral swap agreement in the local currency of each country or the Bilateral Currency Swap Arrangement (BCSA) will soon be subject to an...
